US-based wave energy developer Ocean Power Technologies (OPT) has unveiled plans to offer shares of its common stock for sale in a best efforts public offering. OPT said it intends to use the net proceeds from the offering for working capital and to fund other general corporate purposes. The public
The TetraSpar floating wind foundation, brought forward by Henrik Stiesdal – a Danish inventor and former Chief Technology Officer at Siemens Wind Power – has won a DKK 9 million grant (approx. EUR 1.2 million).
ETIP Ocean is organizing a wave energy seminar, and a workshop set for public funding program advice during Ocean Energy Europe 2017 conference, taking place in Nantes next week.
Irish wave energy developer Ocean Energy plans to begin with the manufacturing of its up-scaled wave energy device this month in the United States.
The Climate Bonds Initiative (CBI) has launched the Marine Renewable Energy Criteria which made marine renewable energy investments eligible for Climate Bonds Certification.
OSPAR experts met for the first time with their HELCOM colleagues from the Baltic to discuss common challenges with monitoring both impulsive and continuous underwater noise, in Göteborg, Sweden. The meeting, which was held earlier this month, considered the development of new indicators to understa
Atlantis Resources has reinstalled the fourth tidal turbine in the Pentland Firth off Scotland, wrapping up the Phase 1A of the MeyGen project.
Edinburgh-based engineering consultancy Quoceant is seeking a Mechanical Engineer to join its team and assist the company with marine renewables development activities.
Canadian developer Seawood Designs is offering to share more than ten years of developmental intellectual property (IP) with others developing point absorber wave energy converters (WECs).
The power generation principles of the recently launched WaveSub wave energy device were explained in detail by Graham Foster, the Chief Technology Officer (CTO) of the company that developed the device – the Welsh-based Marine Power Systems.
DNV GL has signed a Memorandum of Understanding (MoU) with Taiwanese stakeholders to collaborate on offshore wind testing and certification to drive the expansion and facilitate the development of offshore wind in Taiwan.
The first phase of the DNV GL’s Joint Industry Project (JIP) which focuses on the development of a new design and certification standard for equipment for pipeline and cable offshore operations has been completed. The JIP aims to reduce uncertainty and cost and increase efficiency and safety through
Acadia University-led tidal energy research project has secured funding from the Canadian Foundation for Innovation (CFI) to investigate the relationship between environment and tidal turbines.
Researchers at the Brunel University London’s Innovation Center are developing WindTwin, a digital platform that enables live condition checks on each wind turbine’s working parts, for which the Brunel team says it would significantly contribute to cutting offshore O&M costs.
